Standard Bank Group Ltd

Common Name
Standard Bank Group
Country
South Africa
Sector
Financial Services
Industry
Banks - Regional
Employees
50,316
Ticker
SBK
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Standard Bank Group Ltd. is a major financial services conglomerate in Africa. Primarily, it functions as a full-scale banking and financial services institution. With a comprehensive range of offerin...

Standard Bank Group Waste Data Preview

In 2023, Standard Bank Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Standard Bank Group’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Standard Bank Group generated a total of 613 metric tonnes of waste.

Of this amount, 0.13% of Standard Bank Group's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 84.28% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. The remaining 15.59% was either treated using unspecified methods or not clearly categorized.

Standard Bank Group’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202303507001.05 k1.4 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Standard Bank Group reduced the environmental impact of its waste?

Since 2019, Standard Bank Group's total waste generation fell by 60.72%, but rose by 72.93% in 2023 , potentially reflecting a temporary surge in activity or inconsistency in waste control strategies.

Over the same period, Standard Bank Group saw a long-term increase of 29.72% in hazardous waste share, but a 22.9% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.

Overall, Standard Bank Group's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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